Finance Minister Muhammad Aurangzeb reiterated the government’s dedication to fostering sustainable and inclusive economic growth by boosting productivity and expanding exports.
In a virtual meeting with Standard and Poor (S&P) Global Ratings, he highlighted the government’s ongoing reforms in vital areas such as taxation, energy, state-owned enterprises, privatization, public finance management, streamlining government operations, and improving debt management.
He projected that Pakistan’s foreign exchange reserves could rise to $14 billion by the end of June, bolstered by institutional and trade-related inflows, strong remittances, and lower oil prices.
In another online session with the Overseas Investors Chamber of Commerce and Industry (OICCI), Aurangzeb emphasized the progress achieved in stabilizing the economy through sound fiscal policies, better federal-provincial coordination, and reinforced institutional frameworks.
He reaffirmed that the government is committed to policy directions that ensure macroeconomic stability and foster long-term growth driven by the private sector.
The OICCI appreciated the government’s engagement with international stakeholders and welcomed its consistent focus on structural reforms and building investor trust.
The chamber also pointed to early signs of improving investor confidence and expressed readiness to support the government in advancing economic development.
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